Home Buying Guide

Information Deemed Reliable But Not Guaranteed

Top 1% Nationwide Keller Williams Realty 2101 Wilson Boulevard Suite 100

Arlington, VA 22201 O:703-672-0043 Office F : 888.672.7278 Fax

www.TheSisonGroup.com www.facebook.com/SisonGroup

SERVICE. EXCELLENCE. RESULTS! Serving DC, VA and MD.

HOME BUYER’S

GUIDE

http://www.SISONHOMES.com

http://www.facebook.com/sisonhomes

20. DONE ! MOVE IN!

1. Find an agent 3. Pre-qualify for a

4. Visit prop-erties and

5. Make earnest money deposit 6. Select

settlement office

7. Negotiations 8. Contract acceptance

9.Sign/receive HOA/condo docs

10. Make loan

application; processing and approval

11.Home inspection

12. Remove contingencies

14.Appraisal

15. Obtain hazard

insurance

18.Certified funds

19. Closing *get keys

17.Walk- through

13. All systems in process

16. Change utili-

20 EASY STEPS

2. Sign exclusive representation

The Home Buying Process Pre-Qualifying

Before you start shopping for a house, get pre-qualified. Your loan officer will help you check and understand your credit report. They will also help

determine the mortgage amount you can qualify for and identify the fi-nancing plan that is best for you. Once you apply for the maximum mortgage for which you are qualified and submit all of the financial

documents required by the lender you will be eligible to receive pre-approval and can begin looking for the home of your dreams! Getting pre-

approved for a loan will ensure that you look at homes

within your purchasing abilities and solidify your credibility as a solid home buyer.

Touring Properties

As your agent, I will research all available properties that match your criteria

and present you with a selection for your review. Once you identify properties of interest, I will coordinate a time for visiting the homes and to-

gether we can tour and discuss your impressions.

Making and Negotiating an Offer

Once you have decided on a property, I will work with you to prepare an offer for the purchase of the property. The offer must reflect your exact wishes

regarding price, conditions, and terms. Additionally, I will complete a

CMA for you. Should your offer be accepted, I will help you to understand your responsibilities, and instruct you on how to proceed to

settlement..

Acceptance of the Offer

Once a sales contract is agreed upon and ratified by sellers and purchasers, your deposit check will be cashed and placed in an escrow account,

usually with Re/Max Allegiance. You will then need to secure your mortgage

with your loan officer before we proceed to settlement.

Settlement

When you and the seller have both satisfied the requirements of the contract and your loan is approved you will need to prepare for settlement. A title

company or an attorney of your choice will handle the settlement and I will be by your side to answer any questions or concerns you may have

throughout the process.

Client Questionnaire

Everyone has different priorities in mind when buying a home. The following questionnaire was designed to help me understand your individual wants and needs.

Understanding Your Needs

Name:_____________________________________________________ Address:________________________________________________________ Birthday: __________________ Anniversary: _________________

Home phone:________________________ Work Phone_________________ Cellphone:________________ Best time to call ___ until ____

Email address: ________________________________ Occupation:___________________________________ Work Location:___________________________________

What areas are you interested in? Please encircle areas

VA: Falls Church, Fairfax, Alexandria, Vienna DC: Logan Circle, DuPont, Columbia Heights, U St, Shaw, Georgetown, Central Counties: VA: Arlington , Prince William, Loudon, Fairfax, Montgomery (MD)

What is your price range? ____________________

What monthly payment would you feel comfortable?________________________________________________________________________________________

Have you been pre-qualified by a lender? _______ If yes, Lenders Name and Contact Number: ________________________________

Amount Qualified for:_______________________

How soon do you need a home? 30 days 60 days 90 days more than 90 days Type of Home : Single Family Townhouse Condominium

How many people in your household?___________________

What is the important non negotiable feature you want in your new home?_________________

Approximate date you would like to move__________________ Comments and other concerns:______________________________________

Service · Excellence · Results WWW.TheSisonGroup.COM

The Sison Group * Top 1% Nationwide *

Who Pays for My Services?

Our Buyer/Agency Agreement states that my services as a buyer agent

cost a certain percentage of the sales price of the property you purchase. The seller of a given property is responsible for paying the compensation

of the agent representing the purchaser (also known as the “selling agent”) as a part of the transaction, regardless of who the selling agent represents. In some cases, sellers will offer compensation to induce the

sale of their home. In these cases, the compensation is handled through their listing agent in an amount disclosed in the Multiple Listing printout

for the property. New home projects, for example, usually operate this

way.

Part of my job as your agent is to check the amount of compensation on properties offered for sale and to discuss any discrepancies that may ex-

ist between that amount and the amount of compensation under our

agreement we see any of them. We will discuss any compensation issues before viewing any properties. Furthermore, should you decide to see

pursue a FSBO property, I will obtain an agreement from the owner allowing

us to view the property and agreeing to pay my compensation on your behalf if you purchase that property.

Service ·Excellence · Results (703) 672-0043

Buyer Notification System

Visit our website www.TheSisonGroup.com

Click on “Search Homes” Save the homes you find

that best fit your criteria, or request a showing

Our team gets notified on

your results, and we search the Multiple Listing Service daily to find properties that match your criteria

Once a match is found, we

send the information sheets of the property to you via

E-mail for FREE ! This allows you to look at

properties on your time and to review all the details from our extensive and complete database

An easy and convenient way

to correspond with us and help you find your perfect

The Good Side

of Moving

If your move was employment related (excluding first-time employment), and

the distance between your former residence is over 35 miles, many of the moving expenses that you incurred are tax deductible.

Deductible Moving Expenses Include:

•The cost of transporting you and the members of your household from the old

residence to the new. •The cost of moving your household and personal goods. •The cost of meals and lodging en route. •Temporary living expenses for up to 30 days in the new job location.

•House-hunting expenses incurred after obtaining employment in the new loca-

tion, but prior to moving. •Expenses incidental to the sale, attorney’s fees, real estate commissions, title

fees, point on the loan placement charges, etc.

Items 4 through 6 are limited to $3,000 and temporary living expenses and house hunting expenses may not exceed $1,500 of the $3,000.

When using your automobile in the move, you may deduct the out-of-

pocket expenses, or use a standard mileage allowance of $0.09 per mile.

If you receive a moving payment of reimbursement from your employer,

the amount must be included in your gross income as a compensation

of services. To deduct moving expenses, fill out Form 3903 Moving Expenses

Adjustment, and attach it to your return. For full details on tax-deductible moving expenses, contact the Internal Revenue Service office in your area..

Moving Checklist

Plan Ahead By:

Deciding what to move and what not to

move. Possibly plan a garage sale.

Getting estimates from several moving

companies, depending on how you plan to

make the move.

Planning your travel itinerary and

making transportation and lodging

reservations.

Transferring your bank accounts.

Contacting your local credit bureau to find out

if they are on the same system that your

new home town subscribes to, if not, they

will be able to transfer your file.

Requesting records from doctors and dentists,

including eyeglass prescriptions, dental x-

rays, and vaccinations.

Obtaining your children’s school records to

make for an easier transfer.

Drawing up a floor plan of where your furniture

should be placed. This will avoid confusion

for you and your movers.

Paying existing bills and closing out local

charge accounts.

Recording expenses incurred during your house

-hunting trips. You will also want to save

your moving expense receipts (if the move

is employment related) for tax deductions.

Don’t Forget To:

Discontinue deliveries, electricity, water, gas,

newspaper, and garbage collection.

Check on person items that may be at the photo

shop, bank safe, deposit box, a neighbor’s

house, on lay-away, or at the repair shop.

Make arrangement for transporting your pets

and plants.

Save the phone book from your city of resi-

dence for tying-up loose ends or for future

correspondence.

Transfer insurance policies or arrange for new

policies.

Gather all valuables, jewelry, important papers

(birth certificates, deeds, documents).

Have the car serviced for the trip.

Pack an arrival kit of necessities just in case

you arrive before the mover.

Get funds from your present utility and phone

companies and arrange for service at

your new home.

Purchase moving insurance. Your mover’s lia-

bility for lost or damaged goods will not

equal their replacement cost.

Ask for professional referrals if available

(doctors, accountant, etc.)

Change your address: Post Office, change ac-

counts, subscriptions, (at least 4 weeks in

advance), relatives & friends, national and

alumni organizations, church, mail order

clubs, firms with which you have time pay-

ments and past employer in order to receive

your W-2 form.


Checklist:

Completed the loan application and

furnished the Lender with all requested

documents and information in order to assure

a smooth transaction.

Confirm the settlement date and time

with your Keller Williams Agent and/or

settlement company.

Obtained a hazard insurance policy

satisfactory to the lender (NOTE: this is not

required for condominiums). Secured a

duplicate original policy to be present at

settlement.

Confirmed that home, radon, and walk-thru

inspections have been scheduled.

Transferred all utilities into your name

as of the date of settlement. Ensured utilities

will be on for your final walk-thru inspection.

Obtained a certified or cashier’s check

Payable to the settlement company for the

balance of your down payment and the

estimated closing costs (unless funds are

being wired to the settlement company).

Remembered to bring photo

identification, and your check book to the

settlement table.


Utility Resource Numbers

CITY OF ALEXANDRIA

Water ( Virginia American Water Company) …………703-549-7080

Gas ( Washington Gas Light Company ) ……………... 703-750-1000

Electricity ( Dominion Virginia Power) ………………. 888-667-3000

Telephone ( Verizon) ………………………………….. 800-483-4000

Cable TV ( Comcast) ………………………………….. 703-823-3000

Alexandria City Schools ………………………………. 703-824-6600

ARLINGTON COUNTY

Water (Arlington County Water Authority) ……………703-228-3636




Cable TV ( Comcast) ………………………………….. 703-841-7700

Arlington Public Schools………………………………. 703-358-6000

CITY OF FALLS CHURCH

Water (Falls Church Water Authority) …………..……703-248-5071




Cable TV ( Cox Communication) …………………….. .703-378-8422

Falls Church City Schools………………………………703-241-7600

FAIRFAX COUNTY/FAIRFAX CITY

Water (Fairfax County Water Authority) …………….. 703-698- 5800




Cable TV ( Cox Communication) …………………….. .703-378-8411

Fairfax City Schools……………………………………..703-246-3649

PRINCE WILLIAM COUNTY

Water (Prince William County Water Authority) ...……703-335-7900

( Virginia Water Authority ) …………………….703-549-7080



Sewer (Dale Services) ………………………………… 703-590-4495


Cable TV ( Comcast) ……………...………………….. .703-730-2225

Prince William County Schools………………………....703-369-7333

LOUDOUN COUNTY

Water (Loudon County Sanitation Authority) ……… 703-771-1092




Cable TV (Adelphia) …………………………….. …….703-430-8200

Loudoun County Public Schools….……………………..703-791-8701

Service · Excellence · Results (703) 672-0043

www.TheSisonGroup.com

Washington DC

Utility Resource Numbers

WASHINGTON DC

Water ( Virginia American Water Company) …………..703-549-7080

Electricity ( PEPCO ) ………………….………………. 202-833-7500

Gas ( Washington DC Gas ) …..……….………………. 703-750-4440

Telephone ( Bell Atlantic-Washington D.C. ) ……...….. 202-392-9900

Cable TV ( District Cablevision ) …………..………….. 202-832-2001

Refuse/Recycling (Urban Service Systems ) ……..……. 202-543-2000

Sewer ( D.C. Sewer and Water Authority ) ….…..…….. 202-787-2000

Public Works ( D.C. Department of Public Works ) ……202-643-6833

Service · Excellence · Results

(703) 672-0043


Maryland

Utility Resource

MONTGOMERY COUNTY

Water and Sewer ( Washington Suburban Sanitary Commission ) …800-828-6439

Gas ( Washington Gas ) …………………….…………….………... 800-752-7520

Electricity ( PEPCO ) ….……..…………………....………………. 800-424-8028

Telephone ( Verizon ) …………………………………..………….. 800-483-4000

Cable TV ( Comcast) …..…………………………………….…….. 800-266-2278

Alexandria City Schools ….……………………….……………….. 703-824-6600

US Postal Service ………….………………………………………. 800-275-8577


(703) 672-0043


The SISON Group Real Estate Realtor Team

VIP Buyer Loyalty Agreement

Our Realtor Team will provide you with the following important benefits: 1. We will assist you in securing the best financing program for your specific situation with the lowest interest

rate and least expensive closing costs.

2. We will automatically email you daily any properties that match your particular buying criteria . This will

allow you to drive by at your convenience and determine which properties you want to view.

3. We will arrange a private showing of any property you want to see including new construction, and For Sale

By Owner properties subject to their consent. (Our agent must always accompany you on your first visit to

new construction).

4. When you find a property you like, we will use our Specialized Knowledge and discuss strategy with you

regarding offer price, financing terms, possession date, and anything else you want to know.

5. We’ll help you prepare the offer with the terms, provisions, and addendums weighted in your best interest.

6. We will present the offer on your behalf, and then negotiate in your best interest to help you secure the

property at the best possible price and terms.

7. We will attempt to negotiate that the seller pays for a one-year Warranty on your behalf. (Up to $500 value)

8. We will recommend extremely competent affiliates with respect to your purchase: appraisal, Inspector, termite

inspector, title insurance, etc. subject to your approval.

9. We will pay for a termite inspection, roof inspection, and property inspection for the home you purchase by

reimbursing you after close of escrow (Buyer must pay for inspections at time of service)

10. We will always be available for you, throughout the entire purchase process, to answer any questions you

might have.

In return for these services, you agree to:

1. Seek Pre-Approval from a lender prior to viewing property.

2. Notify us of any listed properties you wish to view and inform all other agents, For Sale By Owners, or New

Homebuilders that Sison Group Real Estate at Keller Williams Realty is Representing you.

3. Formulate any offer on any property (new or resale) through us.

4. You are not under any obligation at any time to buy or build a property.

5. Our fee is being paid to us by the seller at closing. There is NO cost to you.

6. This agreement is valid for one year from today’s date.

7. Acknowledge that the Broker is being retained solely as a real estate agent and not as an attorney, tax advisor,

lender, appraiser, home inspector, or any professional service provider. Buyer has been advised to seek

professional advice concerning the condition of the property, legal and tax matters.

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

_________________________________________________________________________________________

Buyer Date Buyer Date

Agreed and accepted by:

_________________________________________________________________________________________

Agent Signature Agent Name (Printed) Date

Keller Williams Realty, 2101 Wilson Blvd, Suite 100, Arlington, VA 22201

Office: 703-672-0043 Fax:1-888-672-7278 Email: [email protected]

Website: www.TheSisonGroup.com

The SISON GROUP Real Estate Team

VIP Buyer Cancellation Guarantee

If you’re not completely satisfied with our service as promised, you can cancel your agreement with us. I’m

So confident that our real estate system will work for you, that I guarantee you the right to cancel our buyers

Agreement at any time prior to submitting an offer to purchase a home, with no penalties or obligations, if

you feel my service doesn’t live up to my promise.

Cancellation Guarantee Entering into a buyer’s agreement with a real estate agent can be a risky business. Every sales representative

will promise the world when it comes to finding you a home, but how many of them can back that up with

solid performance? According to a recent survey, more than 80% of homebuyers were dissatisfied with the

performance of their agent, even if that agent sold them a property. However, most buyer agreements lock

you into long-term commitments and lengthy broker protection periods with heavy cancellation fees. In other

words, it’s an agreement your agent can get out of, but you can’t.

I’m offering you a way to work with us that is totally risk-free!

For you, success in real estate is the ability to locate houses faster and for less money than the competition.

I’m confident that I can do this for you because our team has already helped so many buyers just like you.

My pledge is to provide you with the highest level of service in the real estate industry, and my commitment

to this pledge is 100%.

Your right is to evaluate whether I live up to this standard, and to cancel your agreement with me at any point

prior to submitting an offer to purchase, with no penalties or obligations, if I fail to deliver the service I

promised.

________________________________________________________________________________________

Buyer Date Buyer Date

Agreed and accepted by:

________________________________________________________________________________________

Agent Signature Agent Name (Printed) Date

Keller Williams Realty, 2101 Wilson Blvd, Suite 100, Arlington, VA 22201

Office: 703-672-0043 Fax:1-888-672-7278 Email: [email protected]

Website: www.TheSisonGroup.com

Client Questionnaire

Everyone has different priorities in mind when buying a home. The following

questionnaire was designed to help me understand your individual wants and

needs.

Understanding Your Needs

Name:____________________________________________________________

Address:__________________________________________________________

_________________________________________________________________

Birthday: _______________________Anniversary: _______________________

Home phone:________________________ Work Phone____________________

Cellphone:________________ Best time to call ______until ________________

Email address: _____________________________________________________

Occupation:________________________________________________________

Work Location:_____________________________________________________

What areas are you interested in? Please circle areas:

VA: Falls Church, Fairfax, Alexandria, Vienna

DC: Logan Circle, DuPont, Columbia Heights, U St, Shaw, Georgetown, Central

Counties: VA: Arlington , Prince William, Loudoun, Fairfax, Montgomery (MD)

What is your price range? ____________________

What monthly payment would you feel comfortable?

__________________________________________________________________

Have you been pre-qualified by a lender? _______

If yes, Lenders Name and Contact Number:

________________________________

Amount Qualified for:_______________________

How soon do you need a home? 30 days 60 days 90 days more than 90 days

Type of Home : Single Family Townhouse Condominium

How many people in your household?___________________

What is the important non negotiable feature you want in your new home?

__________________________________________________________________

Approximate date you would like to move________________________________

Comments and other concerns:_________________________________________

__________________________________________________________________


Top 1% Nationwide *


Home Buying Guide

Documents

Transcript of Home Buying Guide